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ForecastCity_EU
Jul 2, 2020 3:27 PM

Don't miss the great buy opportunity in NZDJPY Long

New Zealand Dollar/Japanese YenFXCM

Description

Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (68.777). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. NZDJPY is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 64.

Take Profits:
TP1= @ 70.520
TP2= @ 71.104
TP3= @ 71.590
TP4= @ 72.650
TP5= @ 73.490

SL= Break below S3

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Comments
Mehmetozdemi
@ForecastCity always enjoy your posts. You are one of my favorite analysts!
ForecastCity
@Mehmetozdemi, Thank you for your comment 🍀 💙 we appreciate your support
Shiva_forex
Absolutely amazing you guys are doing great job, thank you very much for your analysis!
ForecastCity
@Shiva_forex, You're very welcome 💙 Thanks for your comment 🍀
Forecast_Crypto
great
ForecastCity
@Forecast_Crypto, Thank you 🍀
Best_Forecast
I like your detailed analysis, very much.

Thank you for this and your time, offering us all this.
ForecastCity
@Alexander_007, You're welcome 💙
Pro_Trader_007
perfect
ForecastCity
@Pro_Trader_007, Thanks for the compliment 🍀 💚
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